![]() Other terms and conditions that are concerned with the property transfer.Signatures of both parties that imply the buyer and seller.A memo stating how property ownership has been received.The details on how the property will be handed over to the buyer.Chain of title that includes all legal rights to the present seller.The conveyance deed should have the following: What should be there in a conveyance deed? A gift deed, mortgage deed, lease deed or sale deed can also be called a conveyance deed.Īlso Read: Builder Buyer Agreement Importance of Conveyance Deed Conveyance Deed MeaningĪ conveyance deed is a legal document used to transfer the property title from one person to another as a gift, an exchange, a lease, a mortgage, etc. Still there are many societies which are yet to get their conveyance deed. Out of 3991 orders, 1921 conveyance deeds were executed by the developers. ![]() Around 3991 issues are ordered to the housing societies regarding conveyance deeds. He assured that these issues will be resolved by organising monthly camps. To getĭeputy District Registrar informed that the societies were facing issues due to incomplete documents and property documents. In a housing society, it ensures ownership of land. A conveyance deed serves as a legal document to transfer the property rights. A report submitted by Pune Corporation Department to District Collector stated that around 67% of total 17,510 properties do not have conveyance deeds. However, the authority has decided to issue the same within a month from the date of application for old societies in the city.Īnil Kawde, the Housing Societies Registrar and the State Cooperation Commissioner said in his statement, “This will benefit many housing societies which are keen on self-development.”Īs per the reports, out of the total 1.15 lakh societies in Maharashtra, more than 60 per cent housing societies do not have Conveyance Deed.ġ1,784 Housing Societies Does Not Have Conveyance DeedĪpril 2023: In Pune, 11784 registered housing societies do not have conveyance deeds. The state government has also issued a resolution stating that it has simplified the process of Conveyance Deed Application.Įarlier, applicants had to wait for six months to get the conveyance deed for their society. ![]() June 06, 2023: Maharashtra State Government has decided to issue a deemed conveyance to societies that are old and do not have a valid conveyance deed in Pune. Maharashtra State Government to Issue Deemed Conveyance to Old Societies in Pune
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